NOT LISTED FOR SALE

8 Deacon Ct Unit 40 Cape Charles, VA 23310

Estimated Value: $109,000

0.46 Acre
$236,391 Price per Acre
20,086 Sq Ft Lot

Last Sold May 13, 2022

Last sale price $120,000

Est. 9% decrease in value since last sale

Current estimated payment $803/month

5 Days on Market

About This Lot

As of May 2022

Located in Bay Creek's Signature Village, this beautiful lot has a great location on the 11th hole of the Arnold Palmer Signature Golf Course. This lovely homesite has all that you need to build a dream home or an income producing property on just under half an acre. A wonderful community and residents await the buyer who purchases this lot. Historic Cape Charles and all of Bay Creek's amenities are just a golf-cart ride away including the twenty-seven holes of golf, 350-acre Nature Preserve, two mile private beach, Coach House Tavern and the members-only Life Center.

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $838

Lot Details

  • 0.46 Acre Lot

HOA Fees

  • $126 Monthly HOA Fees

Schools

  • Kiptopeke Elementary School
  • Northampton Middle School
  • Northampton High School

Listing and Financial Details

  • Tax Lot 40
  • $67,400 per year additional tax assessments

Community Details

Overview

  • Bay Creek Association
  • Bay Creek Signature Village Subdivision

Recreation

  • Golf Course Community

Property Details

Property Type

Land

Est. Annual Taxes

$838

Lot Details

0

HOA Fees

$126 per month

Listing Details

  • Property Sub Type: Unimproved Land
  • Prop. Type: Land
  • Lot Size Acres: 0.4611
  • Lot Size: 20085
  • Water Body Name: Chesapeake Bay
  • Subdivision Name: Bay Creek - Signature Village
  • Directions: Enter main gate and go towards signature village
  • Special Features: None

Interior Features

  • Possible Use: Residential

Exterior Features

  • Lot Features: <.5 acre +/-
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: HOA Disclosure

Condo/Co-op/Association

  • Community Features: Golf, Community Amenities
  • Association Fee: 1508
  • Association Fee Frequency: Annually
  • Association Name: Bay Creek
  • Association: Yes

Schools

  • Elementary School: Kiptopeke
  • High School: Northampton
  • Middle Or Junior School: Northampton

Lot Info

  • Lot Size Sq Ft: 20085
  • Farm Land Area Units: Square Feet
  • Zoning Description: Residential
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Book Number: 0
  • Tax Lot: 40
  • Tax Map Number: 90-4-40
  • Tax Other Annual Assessment Amount: 67400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2022
Closed on
May 10, 2022
Sold by
Km Cash Construction Corp
Bought by
Jughead Re Llc
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
5
Current Estimated Value
$109,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,000
Avg. Annual Appreciation
-2.88%

Purchase Details

Closed on
Oct 1, 2018
Sold by
Witcher Craig V
Bought by
K M Cash Construction Corp

Purchase Details

Closed on
Dec 8, 2006
Sold by
New Harbor Group Llc
Bought by
Witcher Craig and Witcher Julie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jughead Re Llc $120,000 None Listed On Document
K M Cash Construction Corp $26,000 Attorney
Witcher Craig -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Witcher Craig $136,000
Previous Owner Witcher Craig $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2022 05/13/22 Sold $120,000 -4.0% --
04/18/2022 04/18/22 Pending -- -- --
04/12/2022 04/12/22 For Sale $125,000 -- --
Source: Eastern Shore Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $838 $122,400 $122,400 $0
2023 $512 $67,400 $67,400 $0
2022 $512 $67,400 $67,400 $0
2021 $254 $30,400 $30,400 $0
2020 $254 $30,400 $30,400 $0
2019 $149 $18,000 $18,000 $0
2018 $149 $18,000 $18,000 $0
2017 $374 $18,000 $18,000 $0
2016 $374 $45,000 $45,000 $0
2015 -- $45,000 $45,000 $0
2011 -- $225,000 $225,000 $0
Source: Public Records

Map

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Source: Eastern Shore Association of REALTORS®

MLS Number: 55678

APN: 90-4-40